Government Spending in Asia-Pacific - Market Summary, Competitive Analysis and Forecast to 2025

Government Spending in Asia-Pacific - Market Summary, Competitive Analysis and Forecast to 2025

  • July 2021 •
  • 48 pages •
  • Report ID: 6152541 •
  • Format: PDF
Government Spending in Asia-Pacific - Market Summary, Competitive Analysis and Forecast to 2025

Summary
Government Spending in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
- The government spending sector is the total amount of public sector expenditure at any sort of level, including central government, local government etc. It is split into the following segments: defense, education, social protection, healthcare, and other.
- The Asia-Pacific government spending sector had total revenues of $6,668.8bn in 2020, representing a compound annual growth rate (CAGR) of 7% between 2016 and 2020.
- The social protection segment was the sector’s most lucrative in 2020, with total revenues of $1,130.3bn, equivalent to 16.9% of the sector’s overall value.
- The COVID-19 pandemic has caused widespread disruption on a global scale, with nationwide lockdowns enforcing the closure of business and industries across multiple sectors Responding to this global health crisis has placed immense pressure on Asia-Pacific governments, necessitating an increase in spending to support its citizens and its economy. This has accelerated growth in the sector in 2020.

Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in Asia-Pacific
- Leading company profiles reveal details of key government spending market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific government spending market with five year forecasts

Reasons to Buy
- What was the size of the Asia-Pacific government spending market by value in 2020?
- What will be the size of the Asia-Pacific government spending market in 2025?
- What factors are affecting the strength of competition in the Asia-Pacific government spending market?
- How has the market performed over the last five years?
- What are the main segments that make up Asia-Pacific’s government spending market?
Loading...

We are very sorry, but an error occurred.
Please contact [email protected] if the problem remains.